China Sunsine Chemicals Holdings

[tiongkokgor]

From today's Business Times article by Marissa Lee

"But Jennie Liu, spokesperson for China Sunsine Chemical Holdings, which sells rubber accelerators to tyre makers, told BT: "We don't see any material impact on our sales from the new tariffs. China Sunsine's direct exports to the US market were about 5 per cent in 2017; in the first half of 2018, they dropped to 2 per cent. Global demand for rubber accelerators will rise in tandem with growing car population."

She added that many Chinese tyre makers have set up factories in South-east Asia, after the US imposed anti-dumping and countervailing taxes on passenger and light-truck tires in 2014."

[tiongkokgor]

Yanggu Huatai, one of Sunsine's biggest competitors, announced on 29 Dec that they are postponing their production expansion plan mainly because of many issues faced during execution.

本次募集资金投资项目在前期虽经过充分的可行性论证，但实际执行过程中受到多方面因素影响，无法在计划时间内达到预定可使用状态。

29 Dec 2018 announcement: http://vip.stock.finance.sina.com.cn/cor...id=4964934

Yanggu Huatai had planned to produce insoluble sulphur and; rubber accelerators MBT and TBBS.

2017年5月,公司公告拟通过配股方式募资7.5亿元,其中约3.1亿元用于建设高性能橡胶助剂生产项目,其余用于补充流动资金。高性能橡胶助剂生产项目中包括一期1万吨不溶性硫磺(建设周期10个月)、二期1万吨不溶性硫磺(建设周期12个月)以及三期1.5万吨促进剂M和1万吨促进剂NS(建设周期12个月)。新产能具有生产工艺清洁、产品纯度高、生产成本更低等优势。促进剂M生产采用清洁生产工艺,产品纯度高,不仅环保优势明显,而且成本同传统工艺相比可降低10%。促进剂NS工艺中,采用氧气氧化合成促进剂NS清洁工艺可节约成本1,600~1,700元/吨,可有效增强公司产品市场竞争力,同时带来良好的经济效益和环境效益。

Sunsine currently produces these products. Maybe Sunsine can fill the void.